Cheap Natural Gas a U.S. Boon

“Those cheap U.S. prices won’t necessarily translate to utility customers, though those in deregulated markets will see savings.”

Investor’s Business Daily reports:

Cheap natural gas is becoming an energy option for an increasingly diverse range of U.S. businesses, helping ease the blow from the surge in oil prices.

Utilities and manufacturers are benefiting, but hospitality, health care, food and shipping are among the sectors turning to natural gas as well. Even retailers are inquiring about using gas generators, at least part of the time, to cut costs.

“Depending on the size of the retail facility, it could be a significant savings for them to come off the grid,” said Paul Bowers, vice president of sales at Generac’s (GNRC) industrial group…

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